President Obama: ‘I’m Not The President Of Black America’
In an interview with Black Enterprise magazine, President Obama addressed criticisms that he hass not done enough during his first term to support black businesses. Obama explained he was more interested in promoting all business instead of singling out any particular group, saying “I’m not the president of black America. I’m the president of the United States of America.”
Obama noted in the interview that African-American unemployment is higher than overall national unemployment, and that the black community is “hurt during recessionary times more than the population at large.” When asked about criticism that his administration has not done enough for black businesses, Obama rebutted the claim.
My general view has been consistent throughout, which is that I want all businesses to succeed. I want all Americans to have opportunity. I’m not the president of black America. I’m the president of the United States of America, but the programs that we have put in place have been directed at those folks who are least able to get financing through conventional means, who have been in the past locked out of opportunities that were available to everybody. So, I’ll put my track record up against anybody in terms of us putting in place broad-based programs that ultimately had a huge benefit for African American businesses.
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